Cocoa products market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.3% in the forecast period of 2020 to 2027 and is expected to reach USD 25,249.67 million by 2027.

Rising demand for cocoa products in wide industrial applications such as confectioneries, beverages are accelerating the use of cocoa products boosting the growth of the market. The health benefits associated with the cocoa products such as lowering in blood pressure, diabetes management and maintains of cardiac related diseases accelerating the utilization of cocoa ingredients in dark chocolates.

Market Drivers and Restraints:

On the basis of type of cocoa, the market is segmented into forastero cocoa, trinitario cocoa and criollo cocoa. In 2020, forastero cocoa segment is dominating the market as they are majorly referred as the bulk cocoa produced in the major producing countries such as Ghana, Côte d'Ivoire, and Nigeria among others. Forastero cocoa unlike other cocoa is not susceptible to any crop diseases which make their farming convenient to growers

On the basis of product type, the market is segmented into cocoa beans, cocoa butter, cocoa powder & cake, cocoa liquor & paste, cocoa nibs and others. In 2020, cocoa beans segment is dominating the market as majority of cocoa beans is roasted and raw are utilized industrial application in dark chocolate production.

On the basis of source, the market is segmented into inorganic and organic. In 2020, the inorganic segment have comprised the highest market share as majority of the cocoa beans are produced using conventional method due to their cost effectiveness to small growers in Africa and Indonesian country

On the basis of application, the market is segmented into food & beverages, personal care & cosmetics, dietary supplements and others. In 2020, the food and beverages segment is dominating the market as the high demand of the cocoa products are majorly used in industrial application of chocolates as dark chocolate composition is contains approximately 90% cocoa ingredients in form of butter and beans.

On the basis of distribution channel, the market is segmented into direct and indirect. In 2020, direct segment is dominating the market, as direct distribution are tendered by large industrialists of food manufacturers and bulk requirement of the cocoa products and their wide presence have led their growth.

The major players covered in the Benign Cocoa Products Market

The major players covered in the report are Olam International, Cargill, Incorporated, Barry Callebaut, NATRA, TOUTON S.A., Kuruvilla & Sons, Nestle, JBCOCOA Sdn. Bhd., Ecuakao Group Ltd, ALTINMARKA, MONER COCOA, S.A., Indcre S.A., PURATOS, Blommer Chocolate Company, Guan Chong Berhad (GCB), UNITED COCOA PROCESSOR, INC., ciranda, inc., TRADIN ORGANIC AGRICULTURE B.V., Huyser Möller, Sucden, Plot Enterprise Ghana Ltd, Ecom Dutch Cocoa, FTN Cocoa Processors PLC, Jindal Cocoa among others.

Major TOC Of The Report

Chapter One:  Benign Cocoa Products Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three:  Global Benign Cocoa Products Market     Competition, by Players

Chapter Four: Global Benign Cocoa Products Market Size by Regions

Chapter Five: North America Benign Cocoa Products Market Revenue by Countries

Chapter Six: Europe Benign Cocoa Products Market Revenue by Countries

Chapter Seven: Asia-Pacific Benign Cocoa Products Market Revenue by Countries

Chapter Eight: South America Benign Cocoa Products Market Revenue by Countries

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Benign Cocoa Products Market   

Analysis of market effect factors and their impact on the forecast and outlook of the global  Benign Cocoa Products Market   

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Benign Cocoa Products Market   

A roadmap of growth opportunities available in the global Benign Cocoa Products Market   with the identification of key factors

The exhaustive analysis of various trends of the global Benign Cocoa Products Market to help identify market developments

Key Questions Answered in Report:

What is the key to the Benign Cocoa Products Market ?

What will the Benign Cocoa Products Market Demand and what will be Growth?

What are the latest opportunities for Benign Cocoa Products Market in the future?

What are the strengths of the key players?

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